Dow futures rise as updates this week from the Fed and top retailers will test Wall Street's big rally
Stocks have notched two consecutive weekly gains, with the S&P 500 hitting a fresh all-time high last week, as corporate earnings have continued to come in strong.
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"After yesterday's 'not as bad as it could have been' July Consumer Price Index report, the equity markets are now in full 'easing expectation' mode," said CFRA Research's chief investment strategist Sam Stovall.